{"id":574579,"date":"2020-09-15T04:27:42","date_gmt":"2020-09-15T04:27:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=574579"},"modified":"2025-12-16T09:47:18","modified_gmt":"2025-12-16T09:47:18","slug":"we-apparently-need-to-learn-to-be-sociable-again","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/we-apparently-need-to-learn-to-be-sociable-again\/","title":{"rendered":"We apparently need to learn to be sociable again"},"content":{"rendered":"<section id=\"574581\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574581\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We're Tracking Today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/what-were-tracking-on-15-september-2020\/\">\r\n                            What we\u2019re tracking on 15 September 2020                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/what-were-tracking-on-15-september-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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It\u2019s another big news day <\/strong>replete with M&As, a spectrum auction that could, one day (maybe?) herald a slight improvement in mobile voice call quality (surely we\u2019re not the only ones who find VoIP clearer than voice calls these days?), news of startup investments and more.<\/p>\n<p><strong>Meanwhile, it\u2019s off to re-education camp for us \u2014 w<\/strong><strong>e\u2019re going to need to learn how to <\/strong><strong>be sociable again<\/strong> after the government yesterday announced a partial lifting of covid-19 restrictions on weddings, conferences, events, and other large gatherings. Daily covid cases have remained low over the past six weeks since falling dramatically in July, allowing the government to push ahead with easing more restrictions. We have the full rundown in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>The six-month freeze on loan repayments ends today:<\/strong> The Central Bank of Egypt (CBE) will not extend the six-month freeze on loan payments which expires today, according to <a href=\"https:\/\/ent.news\/2020\/9\/%D9%83%D8%AA%D8%A7%D8%A8-%D8%AF%D9%88%D8%B1%D9%8A-%D8%A8%D8%AA%D8%A7%D8%B1%D9%8A%D8%AE-14-%D8%B3%D8%A8%D8%AA%D9%85%D8%A8%D8%B1-2020-%D8%A7%D9%84%D8%AD%D8%A7%D9%82%D8%A7-%D9%84%D8%AA%D8%A7%D8%AC%D9%8A%D9%84-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AD%D9%82%D8%A7%D9%82%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D8%A6%D8%AA%D9%85%D8%A7%D9%86%D9%8A%D8%A9-%D9%84%D9%84%D8%B9%D9%85%D9%84%D8%A7%D8%A1-1.pdf\">a circular (pdf)<\/a> published by the bank yesterday. The CBE instructed banks not to extend <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a764f777-d28d-4b56-a96e-be8f1d69f242\">the initiative<\/a>, introduced in March to ease pressure on borrowers through the covid-19 pandemic; lenders will instead review the financial positions of individual and corporate customers to assess whether they would be eligible for debt restructuring.<\/p>\n<p><strong>Foreign Minister Sameh Shoukry is in Greece today for talks<\/strong>, the Foreign Ministry <a href=\"https:\/\/bit.ly\/32s1XwG\">said<\/a> yesterday. The visit comes two days after the Greek government raised the prospect of bilateral talks with Turkey to dial back tensions in the EastMed.<\/p>\n<p><strong>Ten companies will meet with Internal Trade Development Authority head Ibrahim <\/strong><strong>Ashmawy today <\/strong>to discuss the prospects of investment in several upcoming logistics projects, <a href=\"https:\/\/bit.ly\/3htdboT\">Hapi Journal<\/a> reports.<\/p>\n<p><strong>We\u2019ll know tomorrow the results of last week\u2019s run-off elections for the Senate. <\/strong>The first round of voting last month saw 174 members elected to the newly-constituted upper chamber, and the run-off will determine the outcome in another 26. President Abdel Fattah El Sisi will appoint the remaining 100 members of the 300-seat Senate after the final results of the votes are announced.<\/p>\n<p><strong>The Food Export Council will hold a meeting on Thursday with Brazil\u2019s ambassador to <\/strong><strong>discuss increasing exports under the 2017 Mercosur Agreement<\/strong>, <a href=\"https:\/\/bit.ly\/3bZl6cp\">Youm 7<\/a> reports. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6e563ccd-91a6-4bb8-b55b-118636331ec7\">Egyptian exports to Brazil have surged 74%<\/a> in the three years since the trade agreement was signed.<\/p>\n<p><strong>UAE, Israel to sign normalization pact today:<\/strong> UAE Foreign Minister Sheikh Abdullah bin Zayed and Israeli PM Benjamin Netanyahu are in Washington today to <a href=\"https:\/\/www.thenational.ae\/world\/gcc\/uae-foreign-minister-arrives-in-washington-to-sign-abraham-accord-1.1077208\">sign a historic accord<\/a> that will formally establish diplomatic relations between the former enemies.<\/p>\n<p><strong>It\u2019s Fed day:<\/strong> The US Federal Reserve kicks off it\u2019s two-meeting to review interest rates today. The bank may announce new three-year interest rate projections and elaborate on its recent break with tradition to allow inflation to shoot past 2% and unemployment to fall further than previously allowed, per <a href=\"https:\/\/edition.cnn.com\/2020\/09\/13\/investing\/stocks-week-ahead\/index.html\">CNN<\/a>.<\/p>\n<hr class=\"grey-line\" \/>\n<p><strong>The exciting week for our fellow gadget nerds continues today<\/strong> with an Apple <a href=\"https:\/\/www.apple.com\/apple-events\/\">event<\/a> kicking off at 7pm CLT today. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-14\/apple-s-first-major-product-launch-event-of-2020-what-to-watch\">Bloomberg\u2019s Mark Gurman<\/a> suggests we\u2019ll see a new Apple Watch with an oxygen meter and an iPad Air that looks a lot like an iPad Pro \u2014 but no new iPhones until another event in October. Thanks, covid.<\/p>\n<p><strong>Sony made good yesterday on the launch of its A7C entry-level full-frame camera<\/strong>, which the gang at <a href=\"https:\/\/www.dpreview.com\/tag\/sony-a7c-launch\">DPReview<\/a> suggest is essentially an A7III compressed into a smaller (slightly pricey) package that shares DNA with its A6xxx series. Go watch <a href=\"https:\/\/www.youtube.com\/watch?v=MZ3AJkix_YI\">Chris and Jordan chew it over<\/a>, listen to <a href=\"https:\/\/www.youtube.com\/watch?v=axM_O-2eBdY\">Hugh Brownstone<\/a> (the most thoughtful camera reviewer out there) or catch <a href=\"https:\/\/www.youtube.com\/watch?v=h91dqQ7pEso\">Fro Knows Photo<\/a>.<\/p>\n<p><strong>Tomorrow you can expect Sony to <\/strong><strong><a href=\"https:\/\/www.theverge.com\/2020\/9\/12\/21433743\/sony-playstation-5-event-september-16th\">talk PS5<\/a><\/strong> while <strong>Nikon takes the wraps off two new <\/strong><strong>lenses<\/strong> for its Z mount full-frame camera \u2014 and perhaps gives us a sneak peek at its anticipated Z6s and Z7s models.<\/p>\n<p><strong>And for us (sci-fi) nerds: Astronomers think they may have found signs of life on <\/strong><strong>\u2026 Venus, of all places. <\/strong>Belay your \u201cmen are from Mars and women are from Venus\u201d jokes from the derisible 1992 book and get this: Scientists think signs of phosphine gas in Venus\u2019 upper atmosphere could speak to bacterial life on the planet, what has long been overlooked in our search for life beyond earth. The story is front page around the world: <a href=\"https:\/\/www.nytimes.com\/2020\/09\/14\/science\/venus-life-clouds.html\">NYT<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/is-there-life-on-venus-scientists-say-maybe-11600130963?mod=hp_lead_pos13\">WSJ<\/a> | <a href=\"https:\/\/www.bbc.com\/news\/science-environment-54133538\">BBC<\/a> | <a href=\"https:\/\/www.ft.com\/content\/01011a43-94d3-4390-a318-24cda4c64718\">FT<\/a> | <a href=\"https:\/\/www.nationalgeographic.com\/science\/2020\/09\/possible-sign-of-life-found-on-venus-phosphine-gas\/\">NatGeo<\/a> | <a href=\"https:\/\/www.theatlantic.com\/science\/archive\/2020\/09\/venus-life-phosphine-microbes\/616342\/\">The Atlantic<\/a>.<\/p>\n<hr class=\"grey-line\" \/>\n<p><strong>SIGN OF THE TIMES- The pandemic has rekindled debate over whether it\u2019s time to <\/strong><strong>move to a shorter workweek<\/strong>, but the catch is that some companies are cutting salaries in step with work hours. The <a href=\"https:\/\/www.ft.com\/content\/2973bdb4-aef7-4766-b4a5-3f83dd0d667f\">Financial Times<\/a> has a quick look at the subject worth considering if this is on your list of ideas for 2021 as we think through strategy and budget for next year.<\/p>\n<hr class=\"grey-line\" \/>\n<p><strong>The Health Ministry <\/strong><strong><a href=\"https:\/\/bit.ly\/2FGPw72\">reported<\/a><\/strong><strong> 168 new covid-19 infections yesterday<\/strong>, up from 153 the day before. Egypt has now disclosed a total of 101,177 confirmed cases of covid-19. The ministry also reported 13 new deaths, bringing the country\u2019s total death toll to 5,661. We now have a total of 84,969 confirmed cases that have fully recovered.<\/p>\n<p><strong>The World Health Organization has promised Egypt 30 mn doses of the first covid-19 <\/strong><strong>vaccine that safely hits the market,<\/strong> <a href=\"https:\/\/bit.ly\/35BCXoM\">Youm7<\/a> reports, citing cabinet spokesman Nader Saad, who did not elaborate.<\/p>\n<p><strong>EgyptAir, UAE health firm to collaborate on PCR tests:<\/strong> EgyptAir and Aster Hospitals will work together to provide EgyptAir customers travelling to Cairo from the UAE with PCR tests, <a href=\"https:\/\/bit.ly\/35yXwlx\">Al Shorouk<\/a> reports.<\/p>\n<p><strong>Air Arabia will be operating daily flights between Abu Dhabi and Cairo starting 24<\/strong><strong> September<\/strong>, the airlines announced in <a href=\"https:\/\/press.airarabia.com\/air-arabia-abu-dhabi-expands-operations-to-egypt-launches-new-flights-to-cairo\/\">a statement<\/a>. The budget UAE carrier had begun operating flights connecting Abu Dhabi with Alexandria\u2019s Borg El Arab airport and Sohag <a href=\"https:\/\/press.airarabia.com\/air-arabia-abu-dhabi-to-start-operation-on-july-14-with-flights-to-egypt\/\">in July<\/a>.<\/p>\n<p class=\"web-image stand-out-borderless\"><a href=\"https:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/SOMA-ENTERPRISE-September-1600px.jpg?ssl=1\" alt=\"enterprise\" \/><\/a><\/p>\n<p><strong>Questions are again swirling over whether UBS and Credit Suisse could merge<\/strong> after \u201cUBS chairman Axel Weber \u2026 mapped out a merger with Credit Suisse that would create a unified Swiss champion in wealth management and investment banking,\u201d the <a href=\"https:\/\/www.ft.com\/content\/6eb02b5b-cfec-478a-ad04-adceb935ee54\">Financial Times<\/a> reports. No formal talks are underway, the salmon-colored newspaper adds.<\/p>\n<p><strong>The US tech slump has allowed Saudi Aramco to reclaim its spot as<\/strong><strong> the world's most valuable listed company<\/strong> \u2014 an accolade Apple had snatched from the oil giant in July, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-14\/oil-giant-aramco-regains-top-spot-from-apple-as-tech-rally-fades?sref=mmeFTDW1\">Bloomberg<\/a>reports. Apple\u2019s shares tumbled nearly 17% this month as the tech-dominated Nasdaq endured a sell-off, while Aramco\u2019s shares are up 1.1% in September so far.<\/p>\n<p><strong>The Trump administration is set to review <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e946ae19-762c-4e12-a319-e32a9dd3a376\">the potential agreement<\/a><\/strong><strong> between <\/strong><strong>Oracle and TikTok\u2019s owner ByteDance ahead of the 20 September deadline<\/strong>, the <a href=\"https:\/\/www.ft.com\/content\/0ccd4a25-381f-46a7-a9e6-ee12ecf1aa88\">Financial Times<\/a> reports, citing unnamed officials familiar with the matter. ByteDance is seeking a \u201ctechnical partnership\u201d agreement with Oracle that would see the US tech firm take over the management of its user data and acquire a stake in its US unit.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/9\/oil-field-1600px.jpg?ssl=1\" alt=\"enterprise\" \/><\/p>\n<p><strong>Have we already passed peak oil?<\/strong> Global demand for oil may have already peaked, leaving the fossil fuel industry facing a terminal decline, <a href=\"https:\/\/www.bp.com\/en\/global\/corporate\/energy-economics\/energy-outlook\/introduction\/overview.html\">BP<\/a> has said in its annual energy outlook. Two of its three energy scenarios over the coming three decades suggest that the covid-19 pandemic may have caused demand to peak in 2019, while the third envisions a world where climate change does not intensify, forecasting demand to plateau through the coming decade before declining from 2035.<\/p>\n<p><strong>SMART POLICY- Unilever could help drive down fossil fuel demand by committing<\/strong><strong> to relying 100% on renewable or recycled carbon<\/strong>, instead of fossil fuels, in its cleaning products by 2030, the company said in <a href=\"https:\/\/ent.news\/2020\/9\/MEDIA-RELEASE-Unilever-to-eliminate-fossil-fuels-in-cleaning-products-by-2030-as-part-of-%E2%82%AC1-billion-Clean-Future-investment-1.pdf\">a statement (pdf)<\/a>. The switch is part of the company\u2019s EUR 1 bn \u201cclean future\u201d program to reduce its carbon footprint.<\/p>\n<p><strong>Yoshihide Suga is almost certainly Japan\u2019s next premier after the governing Liberal<\/strong><strong> Democratic Party elected him as its new leader in a landslide victory<\/strong>, according to <a href=\"https:\/\/www.bbc.com\/news\/world-asia-54070281\">the BBC<\/a>. The country\u2019s parliament will vote tomorrow to select a new leader to succeed Shinzo Abe, who <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b9e7c123-3595-4128-aa8b-b2c47f3f1ca0\">stepped down<\/a> late last month citing health reasons. Suga, who served as chief cabinet secretary under Abe and is considered one of his closest allies, is widely expected to stick with so-called \u2018Abenomics\u2019 \u2014 a set of economic policies that revolves around loose monetary policy and big government spending. The program saw Japan\u2019s economy experience its longest run of post-World War II growth, and succeeded in lifting it out of its decades-long period of deflation.<\/p>\n<p><strong>An end to the eight-month blockade on Libyan oil exports may be in sight<\/strong> after eastern military commander Khalifa Haftar pledged a \u201cfull reopening of the energy sector,\u201d the US embassy in Libya said in <a href=\"https:\/\/ly.usembassy.gov\/u-s-embassy-libyas-statement-on-the-apparent-libyan-agreement-to-reopen-the-energy-sector\/\">a statement<\/a> on Saturday.<\/p>\n<p><strong>US ELECTION WATCH- Secret Agent Orange is sticking to his position that the <\/strong><strong>wildfires sweeping the US\u2019s West Coast has nothing to do with climate change.<\/strong> \u201cIt will start getting cooler \u2014 just you watch,\u201d US President Donald Trump said during a campaign appearance after meeting with California state officials. \u201cI don\u2019t think science knows, actually.\u201d Rival presidential candidate jumped on Trump\u2019s dismissal of the scientists\u2019 claims, calling the president a \u201cclimate arsonist,\u201d the <a href=\"https:\/\/www.nytimes.com\/2020\/09\/14\/us\/politics\/trump-biden-climate-change-fires.html\">NYT reports<\/a>. Reuters has footage (<a href=\"https:\/\/www.reuters.com\/video\/watch\/idOVCVO22FZ\">watch, runtime: 1:10<\/a>)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/apple\/\">Apple<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aramco\/\">Aramco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/business-class\/\">business class<\/a>\n                <!-- <span 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class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The lifting of restrictions on weddings, conferences and funerals in public places was the topic of the night on the talk shows,<\/strong> with plenty of attention still given to the progress of settling building code violations nationwide.<\/p>\n<p><strong>Restrictions on mass gatherings eased:<\/strong> Al Hayah Al Youm Lobna Assal highlighted the cabinet meeting on resuming public gatherings amid covid-19, including conferences and weddings at hotels, provided they\u2019re adhering to safety measures and not exceeding 50% capacity <a href=\"https:\/\/www.youtube.com\/watch?v=alWoFG4VXh8\">(watch, runtime: 4:52)<\/a>. Assal also spoke with cabinet spokesman Nader Saad to discuss the measures <a href=\"https:\/\/www.youtube.com\/watch?v=57okFOPGeaM\">(watch, runtime: 8:35)<\/a>. Masaa DMC\u2019s Eman El Hosary also had coverage <a href=\"https:\/\/www.youtube.com\/watch?v=Olct5em2Q0U\">(watch, runtime: 2:47)<\/a>. We have all the details in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>Covid-19 update: <\/strong>Assal also discussed the latest covid-19 statement from Health Minister Hala Zayed, who laid out a four-phase plan to confront a possible second wave of the pandemic. This includes providing some 320 treatment centers, medicines and supplies, preventing entry into the country without safety checks including PCR tests, and the provision of vaccines once they\u2019re available <a href=\"https:\/\/www.youtube.com\/watch?v=alWoFG4VXh8\">(watch, runtime: 4:52)<\/a>,<\/p>\n<p><strong>As ever, the talking heads couldn\u2019t help but chew over informal housing and buildings that otherwise violate the construction code.<\/strong><\/p>\n<p><strong>The big news on this front: <\/strong><strong>The 30 September deadline to file for settlements will not be extended<\/strong>, cabinet spokesman Nader Saad told Al Tasea Masaan\u2019s Wael El Ebrashy <a href=\"https:\/\/www.youtube.com\/watch?v=1tdDJIcCLxY\">(watch, runtime: 40:<\/a><a href=\"https:\/\/www.youtube.com\/watch?v=1tdDJIcCLxY\">09<\/a><a href=\"https:\/\/www.youtube.com\/watch?v=1tdDJIcCLxY\">)<\/a>, adding that enforcement officers will go after anyone who hasn\u2019t filed paperwork to set things right by the end of this month. Other highlights on the topic from last night:<\/p>\n<ul>\n<li><strong>Electricity and water services will be cut for people who don\u2019t sort out their paperwork by the deadline<\/strong>, Saad told Ala Mas\u2019ouleety\u2019s Ahmed Moussa <a href=\"https:\/\/bit.ly\/35AG1kR\">(watch, runtime: 5:51)<\/a>.<\/li>\n<li>The government has received some 1.1 mn settlement applications, and <strong>is expected to break the 2 mn mark by the deadline<\/strong>, Saad said.<\/li>\n<li><strong>Sharqiya G<\/strong><strong>overnorate has seen a 15-20% increase in <\/strong>settlements since the state began offering reduced fees on settlements <a href=\"https:\/\/www.youtube.com\/watch?v=2Tsn_qNgKdc\">(watch, runtime: 5:25)<\/a> while <strong>Gharbiya Governorate has received 41k new applications<\/strong> <a href=\"https:\/\/www.youtube.com\/watch?v=GcBxJ_PLoXY\">(watch, runtime: 9:05)<\/a>.<\/li>\n<\/ul>\n<p><strong>Zamalek building restored:<\/strong> El Hekaya's Amr Adib spoke with Transport Minister Kamel El Wazir, who discussed the reparations made to Zamalek\u2019s El Sharbatly building, which was damaged earlier this year due to the construction of the metro. The restoration cost around EGP 10-11 mn (the cost was apparently covered by the consortium overseeing the project)], and the building is now 100% safe, he said. El Wazir added that the Egyptian Company for the Management and Operation of the Metro has hit the point at which it no longer has the capacity to run other phases, suggesting the government could seek help from foreign management firms such as RATP Dev to run the metro\u2019s fourth and fifth lines <a href=\"https:\/\/www.youtube.com\/watch?v=loiQT7US4ew\">(watch, runtime: 3:57)<\/a>. Al Hayah Al Youm\u2019s Lobna Assal also covered the news <a href=\"https:\/\/www.youtube.com\/watch?v=Qo8ogpJbogQ\">(watch, runtime: 4:29)<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/building-code\/\">building code<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/zamalek\/\">Zamalek<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574584\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574584\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/govt-to-relax-restrictions-on-mass-gatherings-from-monday\/\">\r\n                            Gov\u2019t to relax restrictions on mass gatherings from Monday                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/govt-to-relax-restrictions-on-mass-gatherings-from-monday\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Large gatherings have been banned nationwide for the past six months to prevent the spread of the coronavirus. Decisions to allow gatherings with reduced capacity come as last week\u2019s average daily infection rate last week fell compared to the previous week, Health Minister Hala Zayed said. Daily covid-19 cases have remained low over the past six weeks since falling dramatically in July, hovering between the 130-180 range since the start of September.<\/p>\n<p><strong>What<\/strong><strong> the new decisions cover: <\/strong>Hotels and tourist establishments that have passed health and safety checks will be permitted, starting Monday, to host outdoor weddings with no more than 300 guests, and meeting and conference venues will be allowed to operate at 50% capacity or with no more than 150 attendees. Meanwhile, funeral prayers will resume at mosques that have open courts, and <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=14092020&id=48ab967d-aea9-4f0a-b7fe-e051604ed11b\">funerals in street tents will be permitted to operate<\/a> provided they\u2019re ventilated from all sides and adhere to capacity restrictions. Sporting clubs and youth centers will reopen swimming pools and day-care centers, and adult education and literacy courses will also be back in session. Training for second-division football teams will also be allowed to restart.<\/p>\n<p><strong>Sheeshas will still be banned at cafes<\/strong> until a covid-19 vaccine or other adequate treatment is found, cabinet spokesperson Nader Saad <a href=\"https:\/\/www.youm7.com\/story\/2020\/9\/14\/%D9%85%D8%AA%D8%AD%D8%AF%D8%AB-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D8%A4%D9%83%D8%AF-%D8%A7%D9%84%D8%B4%D9%8A%D8%B4%D8%A9-%D9%84%D9%86-%D8%AA%D8%B9%D9%88%D8%AF-%D9%84%D9%84%D9%85%D9%82%D8%A7%D9%87%D9%89-%D8%A5%D9%84%D8%A7-%D8%A8%D8%B9%D8%AF-%D9%88%D8%AC%D9%88%D8%AF\/4976179\">said<\/a>.<\/p>\n<p><strong>Parents will get the chance to attend the annual \u2018Welcome Schools\u2019 expo, <\/strong>which will be <a href=\"https:\/\/bit.ly\/3mnr7V2\">held on 20-27 September<\/a> at the Cairo Fair Zone in Nasr City. The <strong>Alexandria Book Fair<\/strong>, meanwhile, will be held on <a href=\"https:\/\/bit.ly\/3hv252S\">1-10<\/a><a href=\"https:\/\/bit.ly\/3hv252S\">October<\/a>, becoming the first mass cultural event since the start of the pandemic.<\/p>\n<p><strong>Damietta isn\u2019t hanging around:<\/strong> Damietta on Sunday took the lead and unilaterally began allowing wedding and event sites across the governorate, Governor Manal Awad <a href=\"https:\/\/bit.ly\/2ZD6D0R\">announced<\/a>. <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=14092020&id=00f11d43-c2d2-4bd1-8da8-ee5d98a33ef0\">Cabinet spokesman Nader Saad<\/a>said he was unaware if Awad had communicated her intention beforehand to the prime minister. At least two of us here at Enterprise have also been seeing a flurry of weddings being held over the past several weeks, including at outdoor venues and private homes, despite the general ban.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/covid-19\/\">covid-19<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/hospitality\/\">hospitality<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/policy\/\">policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574600\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574600\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/egypt-in-the-news-on-15-september-2020\/\">\r\n                            Egypt in the News on 15 September 2020                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/egypt-in-the-news-on-15-september-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            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2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/egypt-in-the-news-on-15-september-2020\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/egypt-in-the-news-on-15-september-2020\/&title=Egypt in the News on 15 September 2020\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+15+September+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F15%2Fegypt-in-the-news-on-15-september-2020%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/egypt-in-the-news-on-15-september-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574600\" class=\"content-area-description single-story post-574600 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-agriculture tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Foreign journalists seem to have mostly forgotten about Egypt this morning.<\/strong> The only piece of note: <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2020\/09\/egypt-demolish-houses-urban-expansion-farmland-agriculture.html\">Al Monitor<\/a> looks at the government\u2019s recent moves to crack down on building violations.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/agriculture\/\">agriculture<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574601\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574601\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/diplomacy-foreign-trade-on-15-september-2020\/\">\r\n                            Diplomacy + Foreign Trade on 15 September 2020                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/diplomacy-foreign-trade-on-15-september-2020\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/diplomacy-foreign-trade-on-15-september-2020\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/diplomacy-foreign-trade-on-15-september-2020\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Diplomacy + Foreign Trade on 15 September 2020&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/diplomacy-foreign-trade-on-15-september-2020\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/diplomacy-foreign-trade-on-15-september-2020\/&title=Diplomacy + Foreign Trade on 15 September 2020\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Diplomacy+%2B+Foreign+Trade+on+15+September+2020+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F15%2Fdiplomacy-foreign-trade-on-15-september-2020%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/diplomacy-foreign-trade-on-15-september-2020\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574601\" class=\"content-area-description single-story post-574601 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-comesa tag-customs tag-diplomacy-foreign-trade tag-enterpriseam tag-kenya tag-tax tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Leading coverage on the diplomatic front this morning: Kenya has done a U-turn on its <\/strong><strong>decision to slap 25% tariffs on Egyptian exports. <\/strong>Kenya has proposed to extend the Comesa trade agreement until June 2021, backpedaling on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3c5dd3d8-116a-4040-96b7-11371a5d063e\">its threat to leave the agreement<\/a> and introduce 25% tariffs on Egyptian goods, according to <a href=\"https:\/\/bit.ly\/3iskU88\">Hapi Journal<\/a>. Kenya is instead urging member states to agree to ratify a unified tripartite trade agreement between Comesa, the Southern African Development Community (SADC), and the East African Community, claiming that it's not feasible to conform to different commercial arrangements while holding multiple memberships in trade blocs.<\/p>\n<p><strong>In other Comesa news, the organization announced the launch of a new application<\/strong> that will allow clearing and forwarding agents to view current bond balance and active customs documents to facilitate the movement of trade between member countries and decrease costs, according to a <a href=\"https:\/\/ent.news\/2020\/9\/Press-Release-RCTG-Mobile-App-Launched-ENG.pdf\">press release (pdf)<\/a>.<\/p>\n<p><strong>Did Ethiopia make flooding in Sudan worse? <\/strong>Ethiopia\u2019s unilateral filling of the Grand Renaissance Ethiopian Dam (GERD) directly contributed to the severe Blue Nile flooding that caused mass devastation in Sudan, Irrigation Minister Mohamed Abdel Aty said in statements to <a href=\"https:\/\/bit.ly\/3iw5C1T\">Al Shorouk<\/a>.<\/p>\n<p><strong>All <\/strong><strong>foreign <\/strong><strong>forces must exit Libya if there is to be a political solution to the conflict<\/strong>, Foreign Minister Sameh Shoukry told his Russian counterpart Sergey Lavrov in <a href=\"https:\/\/bit.ly\/3hAV7cl\">a phone call<\/a> yesterday.<\/p>\n<p><strong>General Khalifa Haftar, commander of the Libyan National Army, met with an <\/strong><strong>Egyptian security delegation in Benghazi yesterday<\/strong> to discuss bilateral ties and the security situation in Libya, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2036588\">Al Masry Al Youm<\/a> reports.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/comesa\/\">COMESA<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/customs\/\">customs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/kenya\/\">Kenya<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574602\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574602\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/tourism-associations-are-lobbying-misr-insurance-to-help-cover-new-iata-letters-of-guarantee-regulations\/\">\r\n                            Tourism associations are lobbying Misr Insurance to help cover new IATA letters of guarantee regulations                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/tourism-associations-are-lobbying-misr-insurance-to-help-cover-new-iata-letters-of-guarantee-regulations\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/tourism-associations-are-lobbying-misr-insurance-to-help-cover-new-iata-letters-of-guarantee-regulations\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/tourism-associations-are-lobbying-misr-insurance-to-help-cover-new-iata-letters-of-guarantee-regulations\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Tourism associations are lobbying Misr Insurance to help cover new IATA letters of guarantee regulations&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/tourism-associations-are-lobbying-misr-insurance-to-help-cover-new-iata-letters-of-guarantee-regulations\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/tourism-associations-are-lobbying-misr-insurance-to-help-cover-new-iata-letters-of-guarantee-regulations\/&title=Tourism associations are lobbying Misr Insurance to help cover new IATA letters of guarantee regulations\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Tourism+associations+are+lobbying+Misr+Insurance+to+help+cover+new+IATA+letters+of+guarantee+regulations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F15%2Ftourism-associations-are-lobbying-misr-insurance-to-help-cover-new-iata-letters-of-guarantee-regulations%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/tourism-associations-are-lobbying-misr-insurance-to-help-cover-new-iata-letters-of-guarantee-regulations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574602\" class=\"content-area-description single-story post-574602 post type-post status-publish format-standard hentry category-tourism tag-aviation tag-enterpriseam tag-misr-insurance-holding tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The tourism industry is lobbying state-owned Misr Insurance to cover the letters of guarantee tourism companies are required to submit to the International Air Transport Association (IATA), Federation of Tourism Chambers head Reem Fawzy tells <a href=\"https:\/\/alborsaanews.com\/2020\/09\/14\/1382382\">the local press<\/a>. The IATA issued new requirements <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b650518b-f903-4c35-9b1e-f2a4ea2beee9\">last month<\/a> for tourism companies to submit bank guarantees worth EGP 200k as insurance against the non-payment or cancellation of airline tickets instead of the previously accepted proof of insurance. Companies have been unable to fulfill new agreements due to a liquidity crunch in the industry that has struggled to get back on its feet since the outbreak of the pandemic.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/aviation\/\">aviation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/misr-insurance-holding\/\">Misr Insurance Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574603\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574603\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/hill-international-and-hji-group-to-manage-nac-monorail-project\/\">\r\n                            Hill International and HJI Group to manage NAC Monorail project                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/hill-international-and-hji-group-to-manage-nac-monorail-project\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/hill-international-and-hji-group-to-manage-nac-monorail-project\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/hill-international-and-hji-group-to-manage-nac-monorail-project\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Hill International and HJI Group to manage NAC Monorail project&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/hill-international-and-hji-group-to-manage-nac-monorail-project\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/hill-international-and-hji-group-to-manage-nac-monorail-project\/&title=Hill International and HJI Group to manage NAC Monorail project\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Hill+International+and+HJI+Group+to+manage+NAC+Monorail+project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F15%2Fhill-international-and-hji-group-to-manage-nac-monorail-project%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/hill-international-and-hji-group-to-manage-nac-monorail-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574603\" class=\"content-area-description single-story post-574603 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-construction tag-enterpriseam tag-new-administrative-capital tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The National Authority for Tunnels<a href=\"https:\/\/www.nat.org.eg\/arabic\/images\/Monurell%20octobe.pdf\">awarded (pdf)<\/a> a consortium of <a href=\"https:\/\/www.hillintl.com\/en\">Hill International<\/a> and<a href=\"https:\/\/www.hjigroup.com\/\"><\/a><a href=\"https:\/\/www.hjigroup.com\/\">HJI Group Corporation<\/a> the consultancy services contract for the new monorail lines connecting the new administrative capital and Sixth of October city. The consortium will oversee the implementation of the USD 4.5 bn project \u2014 which will extend a 54 km line between Nasr City and the new capital and a 42 km line from 6th of October to Giza \u2014 as well as manage and review the design for the monorail lines. US-based Hill International currently manages work on Cairo Metro Line 3, the Grand Egyptian Museum, and Cairo Light Rail. A consortium made up of Bombardier, Orascom Construction, and Arab Contractors<a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/05\/egypt-signs-agreement-with-canadas-bombardier-for-nac-monorail-project\/\">signed a 30-year contract<\/a>for the construction and maintenance of the lines last year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/construction\/\">construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/new-administrative-capital\/\">new administrative capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/transport\/\">transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574604\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574604\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/ci-capitals-souhoula-provides-installment-payment-option-through-retailers\/\">\r\n                            CI Capital\u2019s Souhoula provides installment payment option through retailers                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/ci-capitals-souhoula-provides-installment-payment-option-through-retailers\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/ci-capitals-souhoula-provides-installment-payment-option-through-retailers\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/ci-capitals-souhoula-provides-installment-payment-option-through-retailers\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=CI Capital\u2019s Souhoula provides installment payment option through retailers&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/ci-capitals-souhoula-provides-installment-payment-option-through-retailers\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/ci-capitals-souhoula-provides-installment-payment-option-through-retailers\/&title=CI Capital\u2019s Souhoula provides installment payment option through retailers\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=CI+Capital%E2%80%99s+Souhoula+provides+installment+payment+option+through+retailers+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F15%2Fci-capitals-souhoula-provides-installment-payment-option-through-retailers%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/ci-capitals-souhoula-provides-installment-payment-option-through-retailers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574604\" class=\"content-area-description single-story post-574604 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-ci-capital tag-consumer-finance tag-e-commerce tag-enterpriseam tag-jumia tag-retail tag-souhoola wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>CI Capital\u2019s consumer finance arm <a href=\"https:\/\/www.linkedin.com\/company\/souhoola-ci-capital\/\">Souhoola<\/a> has signed contracts with six brick and mortar and online retailers to allow customers to pay for their purchases in installments, Souhoola CEO Hazem Madani said, according to <a href=\"https:\/\/bit.ly\/3iy7Ldu\">Al Mal<\/a>. The retailers include Jumia, Apple reseller Tradeline, and Saudi appliance store Raneen. Souhoola is also in talks with six unnamed universities and \u201cadvanced negotiations\u201d with 15 health centers to offer installment plans for tuition fees and healthcare services, Madani added.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ci-capital\/\">CI Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/consumer-finance\/\">consumer finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/e-commerce\/\">e-commerce<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/jumia\/\">Jumia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/retail\/\">retail<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/souhoola\/\">Souhoola<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574608\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574608\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/empower-egypt-looks-to-produce-fertilizer-energy-from-sugar-beet-waste\/\">\r\n                            Empower Egypt looks to produce fertilizer, energy from sugar beet waste                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/empower-egypt-looks-to-produce-fertilizer-energy-from-sugar-beet-waste\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/empower-egypt-looks-to-produce-fertilizer-energy-from-sugar-beet-waste\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/empower-egypt-looks-to-produce-fertilizer-energy-from-sugar-beet-waste\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Empower Egypt looks to produce fertilizer, energy from sugar beet waste&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/empower-egypt-looks-to-produce-fertilizer-energy-from-sugar-beet-waste\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/empower-egypt-looks-to-produce-fertilizer-energy-from-sugar-beet-waste\/&title=Empower Egypt looks to produce fertilizer, energy from sugar beet waste\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Empower+Egypt+looks+to+produce+fertilizer%2C+energy+from+sugar+beet+waste+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F15%2Fempower-egypt-looks-to-produce-fertilizer-energy-from-sugar-beet-waste%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/empower-egypt-looks-to-produce-fertilizer-energy-from-sugar-beet-waste\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574608\" class=\"content-area-description single-story post-574608 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-alexbank tag-commodities tag-electricity tag-empower tag-enterpriseam tag-export-development-bank-of-egypt tag-other-business-news-of-note tag-qnb-alahli tag-renewable-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Waste-to-energy company <a href=\"http:\/\/www.empowereg.com\/index.html\">Empower<\/a> is close to signing agreements worth a combined EGP 350 mn with three unnamed sugar beet processing companies to turn beet waste into energy and organic fertilizer, Chairman Hatem El Gamal told <a href=\"https:\/\/bit.ly\/3c1c1Qw\">the local press<\/a>. The company will buy land from the processors for its operations and plans to begin work by December. The Export Development Bank, Bank of Alexandria, and QNB have agreed to finance the facilities. Empower plans to sell the electricity under the independent power producer (IPP) framework, which allows private companies to directly sell power to consumers while paying the state a fee to use the national grid for transmission.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/alexbank\/\">Alexbank<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/commodities\/\">commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/electricity\/\">electricity<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/empower\/\">Empower<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/export-development-bank-of-egypt\/\">Export Development Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/qnb-alahli\/\">QNB Alahli<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewable-energy\/\">renewable energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574610\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574610\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/el-sisi-ratifies-law-closing-tax-loopholes-for-state-debt-purchasers\/\">\r\n                            El Sisi ratifies law closing tax loopholes for state debt purchasers                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/el-sisi-ratifies-law-closing-tax-loopholes-for-state-debt-purchasers\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/el-sisi-ratifies-law-closing-tax-loopholes-for-state-debt-purchasers\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/el-sisi-ratifies-law-closing-tax-loopholes-for-state-debt-purchasers\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=El Sisi ratifies law closing tax loopholes for state debt purchasers&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/el-sisi-ratifies-law-closing-tax-loopholes-for-state-debt-purchasers\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/el-sisi-ratifies-law-closing-tax-loopholes-for-state-debt-purchasers\/&title=El Sisi ratifies law closing tax loopholes for state debt purchasers\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi+ratifies+law+closing+tax+loopholes+for+state+debt+purchasers+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F15%2Fel-sisi-ratifies-law-closing-tax-loopholes-for-state-debt-purchasers%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/el-sisi-ratifies-law-closing-tax-loopholes-for-state-debt-purchasers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574610\" class=\"content-area-description single-story post-574610 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-debt tag-egypt-politics-economics tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>President Abdel Fattah El Sisi has signed into law <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8cf11036-0d08-41a5-9a54-9abe42477f6a\">a bill<\/a> that closes loopholes that previously provided tax exemptions to some state institutions investing in state debt, according to a decree published in the Official Gazette. The House of Representatives had rubber-stamped the law before it adjourned for summer recess.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/debt\/\">debt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574611\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"574611\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/the-market-yesterday-168\/\">\r\n                            The Market Yesterday                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/the-market-yesterday-168\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/the-market-yesterday-168\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/the-market-yesterday-168\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The Market Yesterday&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/the-market-yesterday-168\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/the-market-yesterday-168\/&title=The Market Yesterday\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+Market+Yesterday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2020%2F09%2F15%2Fthe-market-yesterday-168%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/the-market-yesterday-168\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574611\" class=\"content-area-description single-story post-574611 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><p><strong>EGP \/ USD CBE market average: <\/strong>Buy 15.70 | Sell 15.80<\/p>\n<p> <strong>EGP \/ USD at CIB:<\/strong> Buy 15.70 | Sell 15.80<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 15.72 | Sell 15.82<\/p>\n<p><strong>EGX30<\/strong> (Monday): 11,034 (-0.5%)<br \/>\n <strong>Turnover:<\/strong> EGP 1 bn (11% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -21.0%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session down 0.5%. CIB, the index\u2019s heaviest constituent, ended down 0.9%. EGX30\u2019s top performing constituents were Emaar Misr up 2.1%, EFG Hermes up 1.7%, and Orascom Investment Holding up 0.9%. Yesterday\u2019s worst performing stocks were AMOC down 3.0%, Orascom Development Egypt down 3.0% and GB Auto down 2.6%. The market turnover was EGP 1 bn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net short | EGP -50.3 mn<br \/>\n <strong>Regional<\/strong>: Net long | EGP +5.5 mn<br \/>\n <strong>Domestic<\/strong>: Net long | EGP +44.8 mn<\/p>\n<p><strong>Retail<\/strong>: 76.1% of total trades | 76.7% of buyers | 75.5% of sellers<br \/>\n <strong>Institutions<\/strong>: 23.9% of total trades | 23.3% of buyers | 24.5% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 37.38 (+0.32%)<br \/>\n <strong>Brent:<\/strong> USD 39.61 (-0.55%)<\/p>\n<p><strong>Natural Gas:<\/strong> (Nymex, futures prices) USD 2.30 MMBtu, (-0.65%, October 2020 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,965.40 \/ troy ounce (+0.09%)<\/p>\n<p><strong>TASI:<\/strong> 8,256 (+0.64%) (YTD: -1.59%)<br \/>\n <strong>ADX:<\/strong> 4,515 (+0.11%) (YTD: -11.05%)<br \/>\n <strong>DFM:<\/strong> 2,282 (+0.35%) (YTD: -17.45%)<br \/>\n <strong>KSE Premier Market:<\/strong> 5,877 (+0.39%)<br \/>\n <strong>QE:<\/strong> 9,872 (-0.05%) (YTD: -5.30%)<br \/>\n <strong>MSM:<\/strong> 3,684 (-0.20%) (YTD: -7.45%)<br \/>\n <strong>BB: <\/strong>1,401 (+0.22%) (YTD: -12.96%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"574612\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/574612\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-574612\" class=\"content-area-description single-story post-574612 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>September: <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/03\/egypt-gets-its-first-federation-for-securities\/#:~:text=Egypt%20gets%20its%20first%20federation%20for%20securities%3A%20The%20Financial%20Regulatory,securities%2C%20according%20to%20a%20statement.\">The Egyptian Federation for Securities<\/a> will hold elections for its board of directors after they were <a href=\"https:\/\/bit.ly\/3hpX2Bp\">postponed<\/a> in March due to the lockdown.<\/p>\n<p>September: The General Authority for Investment (GAFI) <a href=\"https:\/\/bit.ly\/3kOkVVq\">will host<\/a> a virtual meeting with the Arab-German Chamber of Commerce and Industry and some 120 German companies to discuss investment prospects in Egypt.<\/p>\n<p>14-15 September (Monday-Tuesday): The Chemical Industries Export Council will organize a <a href=\"https:\/\/bit.ly\/3kBMjWw\">virtual conference<\/a> to discuss export options for Egyptian chemical exporters in Kenya and Uganda.<\/p>\n<p>15 September (Tuesday): 2019-2020 academic year ends for Egyptian universities.<\/p>\n<p>Mid-September: Proposed time slot for UAE-Israel normalization agreement signing ceremony which will be held in Washington, US.<\/p>\n<p>15-16 September (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>16 September (Wednesday): The last day for the final results of the senate elections to be announced.<\/p>\n<p>17 September (Thursday): OPEC and its allies <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-09-12\/opec-bid-to-rescue-oil-market-falters-as-demand-recovery-stalls?sref=mmeFTDW1\">will meet<\/a> to assess whether their recent vast oil production cuts have saved the market from the global glut.<\/p>\n<p>20 September (Sunday): A Cairo administrative court is due to issue a ruling in a third-party lawsuit <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26072020&id=ba514e75-6e4a-46ad-b8d1-bbc17912d90d\">demanding the government block YouTube in Egypt<\/a> for carrying an allegedly sacreligious video. The case is an infamous 2012-vintage lawsuit still wending its way through the courts.<\/p>\n<p>20-27 September (Sunday-Saturday): Welcome Schools expo, Cairo Fair Zone, Nasr City.<\/p>\n<p>24 September (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>24-25 September (Thursday-Friday): The European Union <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N2FU544\">will discuss<\/a> imposing sanctions on Turkey to limit the country\u2019s ability to expand its search for oil and gas in contested eastern Mediterranean waters.<\/p>\n<p>27 September (Sunday): Former Finance Minister Youssef Boutros Ghali to be retried on charges he squandered public funds in a case related to the printing of coupons for butane canisters.<\/p>\n<p>28 September-3 October (Monday-Saturday): CIB PSA World Tour Finals, Cairo, Egypt.<\/p>\n<p>End of September: <a href=\"https:\/\/bit.ly\/2GaTjtH\">Last chance to settle building code violations<\/a> for illegal buildings.<\/p>\n<p>1 October (Thursday): House of Representatives reconvenes for its sixth and final legislative session before elections for the house later in October or November.<\/p>\n<p>1-10 October (Thursday-Saturday): Alexandria Book Fair, Kouta, Alexandria.<\/p>\n<p>4 October (Sunday): Senate convenes for its first session.<\/p>\n<p>6 October (Tuesday): Armed Forces Day.<\/p>\n<p>8 October (Thursday): National holiday in observance of Armed Forces Day.<\/p>\n<p>17 October (Saturday): 2020-2021 academic year <a href=\"https:\/\/egyptindependent.com\/egypts-academic-year-to-start-october-17-but-decisions-remain-to-be-made\/\">begins<\/a> for K-12 students at state schools and students in <a href=\"https:\/\/bit.ly\/3eRqo9E\">public universities<\/a>.<\/p>\n<p>21-23 October (Wednesday-Friday): Polls open to international voters for first round of Parliamentary elections in Giza, Fayoum, Beni Suef, Minya, Assiut, New Valley, Sohag, Qena, Luxor, Aswan, Red Sea, Alexandria, Beheira, Matrouh.<\/p>\n<p>23-31 October (Friday-Saturday): <a href=\"http:\/\/elgounafilmfestival.com\/\">El Gouna Film Festival<\/a>, El Gouna, Egypt.<\/p>\n<p>24-25 October (Saturday - Sunday) Polls open for first round of Parliamentary elections in Giza, Fayoum, Beni Suef, Minya, Assiut, New Valley, Sohag, Qena, Luxor, Aswan, Red Sea, Alexandria, Beheira, Matrouh.<\/p>\n<p>29 October (Thursday): Prophet Mohamed\u2019s birthday (TBC), national holiday.<\/p>\n<p>November: Egypt <a href=\"http:\/\/gate.ahram.org.eg\/News\/2284801.aspx\">will host simultaneously<\/a> the International Capital Market Association\u2019s emerging market, and Africa and Middle East meetings.<\/p>\n<p>November: An Egyptian-Russian ministerial committee <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/3275672832501495\">will meet<\/a> to discuss trade and investment in Moscow.<\/p>\n<p>2 November: Former Civil Aviation Minister Ahmed Shafik faces <a href=\"https:\/\/bit.ly\/3lwPXla\">retrial<\/a> at Cairo Court of Appeals in the so-called Aviation Ministry corruption case.<\/p>\n<p>4-5 November (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>4-6 November (Wednesday-Friday): Polls open to international voters for first round of Parliamentary elections in Cairo, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai.<\/p>\n<p>4-7 November (Wednesday-Saturday): <a href=\"https:\/\/www.cityscapeegypt.com\/en\/Home.html\">Cityscape Egypt Expo<\/a>, International Exhibition Center, Cairo<\/p>\n<p>7-8 November (Saturday-Sunday): Polls open for first round of Parliamentary elections in Cairo, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai.<\/p>\n<p>12 November (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>15 November (Sunday): Egyptian Tax Authority\u2019s <a href=\"https:\/\/bit.ly\/32UQfK0\">online intro seminar<\/a> on new electronic invoice system for first tranche of companies transitioning to e-filing program.<\/p>\n<p>23-24 November (Monday-Tuesday): Reruns for Parliamentary elections in Giza, Fayoum, Beni Suef, Minya, Assiut, New Valley, Sohag, Qena, Luxor, Aswan, Red Sea, Alexandria, Beheira, Matrouh.<\/p>\n<p>30 November (Monday): Final results will be announced for Parliamentary elections held in Giza, Fayoum, Beni Suef, Minya, Assiut, New Valley, Sohag, Qena, Luxor, Aswan, Red Sea, Alexandria, Beheira, Matrouh.<\/p>\n<p>1 December (Tuesday): The IMF will conduct a first review of targets set under the USD 5.2 bn standby loan approved in June (proposed date).<\/p>\n<p>7-8 December (Monday-Tuesday): Reruns for Parliamentary elections in Cairo, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai.<\/p>\n<p>14 December (Monday): Final results will be announced for Parliamentary elections held in Cairo, Qalyubia, Menofia, Gharbia, Kafr El Sheikh, Sharqia, Damietta, Port Said, Ismailia, Suez, North Sinai and South Sinai.<\/p>\n<p>15-16 December (Tuesday-Wednesday): US Federal Open Market Committee will hold its two-day policy meeting to review the interest rate.<\/p>\n<p>24 December (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>25 December (Friday): Western Christmas.<\/p>\n<p>1 January 2021 (Friday): New Year\u2019s Day, national holiday.<\/p>\n<p>7 January 2021 (Thursday): Coptic Christmas, national holiday.<\/p>\n<p>13-31 January (Wednesday-Sunday): Egypt will host the 2021 <a href=\"https:\/\/www.handballegypt2021.com\/\">Men\u2019s Handball World Championship<\/a> at the Giza Pyramids<\/p>\n<p>25 January 2021 (Monday): 25 January revolution anniversary \/ Police Day.<\/p>\n<p>26-28 January (Tuesday-Thursday): Future Investment Initiative, Riyadh, Saudi Arabia<\/p>\n<p>28 January 2021 (Thursday): National holiday in observance of 25 January revolution anniversary \/ Police Day.<\/p>\n<p>4 February 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>18 March 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>12 April 2021 (Monday): First day of Ramadan (TBC).<\/p>\n<p>25 April 2021 (Sunday): Sinai Liberation Day.<\/p>\n<p>29 April 2021 (Thursday): National holiday in observance of Sinai Liberation Day.<\/p>\n<p>29 April 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>3 May 2021 (Monday): Sham El Nessim.<\/p>\n<p>6 May 2021 (Thursday): National holiday in observance of Sham El Nessim.<\/p>\n<p>12-15 May 2021 (Wednesday-Saturday): Eid El Fitr (TBC).<\/p>\n<p>31 May-2 June 2021 (Monday-Wednesday): <a href=\"https:\/\/www.egyps.com\/\">Egypt Petroleum Show<\/a>, Egypt International Exhibition Center, Nasr City, Cairo.<\/p>\n<p>1 June 2021 (Tuesday): The IMF will conduct a second review of targets set under the USD 5.2 bn standby loan approved in June 2020 (proposed date).<\/p>\n<p>10 June 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>26-29 June 2021 (Saturday-Tuesday): <a href=\"https:\/\/www.thebig5constructegypt.com\/?utm_source=Adestra&utm_medium=email&CID=003D000002UIHn4IAH&utm_campaign=Egyp%5Bt%20postponement%20generic%20exp%20visp&utm_term&utm_content=7014G000001cG3zQAE&CNAME=Enterprise\">The Big 5 Construct Egypt<\/a>, Cairo International Convention Center<\/p>\n<p>22 July 2021 (Thursday): The CBE\u2019s Monetary Policy Committee will meet to review interest rates.<\/p>\n<p>30 July-3 August 2021 (Thursday-Monday): Eid Al Adha, national holiday (TBC).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n  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